222 W 18th St,Kannapolis,NC,28081

Investment Highlights

Rental property for sale in Kannapolis at 222 W 18th St, Kannapolis, NC, 28081 generates $3,240/mo in rent and, after a $2,009/mo payment, leaves $738/mo in cash flow. Total monthly income is $3,240/mo, and annual cash flow is $8,861/yr on $136,080 invested. Return on cash invested sits at 26.42% in year one, and rental yield is 9.47% on a $410,499 entry. Equity gained on principal adds $2,649/yr, while 5% annual appreciation builds toward $113,413 over five years. Five-year ROI reaches 137.65% and total cumulative return in cash sums $187,308. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,240/mo property income rather than buyer’s personal income.